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As Uber continues to gain traction in major metropolitan cities,
it is looking to get more drivers on board by providing discounts
on car purchases.

The on-demand car service has partnered up with Toyota and GM in
six high-demand cities – New York City, Chicago, San Francisco,
Boston, Dallas and Philadelphia – to offer financing options to
new and current drivers. Some drivers have already received
$7,500 in rebates upon purchasing vehicles and when it comes to
financing, Uber drivers' monthly payments will likely decrease
$100 to $200 a month.

The company was able to swindle these partnerships based on past
financial figures. According to Uber, the company's
fully-utilized vehicles rake in more than $100,000 in gross sales
a year, a data point that allowed drivers to qualify for
friendlier terms and lower rates.

This move will not only help Uber in its expansion strategy but
could also play a role in overcoming regulation barricades in
cities like New York and in poaching drivers from competitors
like SideCar and Lyft.

Uber currently operates in more than 60 locations around the
globe, with the most recent being Moscow. The company's CEO,
Travis Kalanick, told The Wall Street Journal he
hopes to add an additional 200,000 vehicles to its arsenal in
the next two years.